Jullundur Motor Agency (Delhi) Dividend
Dividend criteria checks 4/6
Jullundur Motor Agency (Delhi) is a dividend paying company with a current yield of 1.86% that is well covered by earnings. Next payment date is on 28th September, 2024 with an ex-dividend date of 22nd August, 2024.
Key information
1.9%
Dividend yield
18%
Payout ratio
Industry average yield | 1.1% |
Next dividend pay date | 28 Sep 24 |
Ex dividend date | 22 Aug 24 |
Dividend per share | ₹2.000 |
Earnings per share | ₹11.21 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Jullundur Motor Agency (Delhi) (NSE:JMA) Will Pay A Dividend Of ₹2.00
Jul 23Jullundur Motor Agency (Delhi) (NSE:JMA) Has Announced A Dividend Of ₹2.00
Jun 19Jullundur Motor Agency (Delhi)'s (NSE:JMA) Dividend Will Be ₹2.00
Jun 05Recent updates
Jullundur Motor Agency (Delhi) (NSE:JMA) Will Pay A Dividend Of ₹2.00
Jul 23Jullundur Motor Agency (Delhi) (NSE:JMA) Has Announced A Dividend Of ₹2.00
Jun 19Jullundur Motor Agency (Delhi)'s (NSE:JMA) Dividend Will Be ₹2.00
Jun 05Jullundur Motor Agency (Delhi) Limited (NSE:JMA) Stock Rockets 34% But Many Are Still Ignoring The Company
Feb 26Jullundur Motor Agency (Delhi) (NSE:JMA) Shareholders Will Want The ROCE Trajectory To Continue
Feb 24Here's Why I Think Jullundur Motor Agency (Delhi) (NSE:JMA) Might Deserve Your Attention Today
Jan 12Do Jullundur Motor Agency (Delhi)'s (NSE:JMA) Earnings Warrant Your Attention?
Aug 02Should You Buy Jullundur Motor Agency (Delhi) Limited (NSE:JMA) For Its Dividend?
Mar 28Have Insiders Been Buying Jullundur Motor Agency (Delhi) Limited (NSE:JMA) Shares This Year?
Feb 02Are Jullundur Motor Agency (Delhi)'s (NSE:JMA) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 29Here's What You Should Know About Jullundur Motor Agency (Delhi) Limited's (NSE:JMA) 3.3% Dividend Yield
Nov 24Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, JMA has been paying a dividend for less than 10 years.
Growing Dividend: JMA's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Jullundur Motor Agency (Delhi) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (JMA) | 1.9% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Retail Distributors) | 1.1% |
Analyst forecast in 3 Years (JMA) | n/a |
Notable Dividend: JMA's dividend (1.86%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: JMA's dividend (1.86%) is in the top 25% of dividend payers in the Indian market (1.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.8%), JMA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.5%), JMA's dividend payments are well covered by cash flows.